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going, you need higher wage growth. that is my two cents. one step closer to sequestration. the pentagon's new warnings. melissa: the toxic fog. utah battling a winter smog that has a group of doctors there glaring a health emergency. ♪ >> at 22 minutes past the hour, i have your fox news minute. more than 50 people have been killed in riots that began friday. the two-year anniversary of the uprising then president. forcing islam is rebels to flee north. forces have seized the airport as they search for fighters hiding in the city. dutch queen beatrix will give a speech tonight expected to make it official that she will advocate almost 75-year-old queen will be succeeded by her eldest son. those are your headlines on the fox business network. back to melissa and lori. lori: thank you very much lauren. three weeks since the ntsb started looking into the liners. all 7873 liners were grounded. they will shift their focus away to the battery maker. none of this is good news for boeing who hopes to get the dreamliner, of course, back up in the air. do not count out boeing. the report came i
bring in every year and we could cut the entire military, entire pentagon and not pay one dime of federal anything and still lose money. we have to deal with these entitlements. with the fraud, with the entitlements as a whole, but no one in d.c. is willing to do that. no one, it's pathetic. >> brenda: gary b, that's the question here, what incentives do the people have who are running this program have to get in and cut this fraud? >> exactly, brenda. look, fraud goes on in private sector, public sector, but here is the problem. in private sector, if so much fraud and thiefery goes on and the taxpayer, and you point out the core problem. in the public sector, there's he no incentive for fraud to go away. people are paid on a bottom line, don't lose their dime if there's more fraud. the only incentive for the bubble sector, if you're a medicare or medicaid government employee is to grow your power base. make it even bigger. that's why, toby is right, it's probably a factor of 10 to 20, to maybe 50. how much fraud is actually going on. probably in the billions of dollars. no one
administration. the pentagon today said it has become as more -- as many as 46,000 temporary employees at a budget cuts. the department of defense set to see $487 billion in cuts over the next decade. the pentagon also warning that if further budget cuts to take place it will be forced to furlough most of its 800,000 full-time citizen employees. welcome my next guest became the country's first female four-star general back in 2008. rewarded her perspective to allow women in combat and a place to have with this general and then would become a retired commanding general of the u.s. army material command. could to have you here. your thoughts from your perspective what this means for first the army itself in the country. >> well, good evening, lou. first, i think it is a great decision. it is a good decision. the timing is right, and that think this decision now runs policy with the current realities on today's battlefield . lou: the realities include a more technologically oriented military, but still the requirements for special operations, special forces, infantry. in your judgment and
key syrian assets and an overnight bombing. former pentagon official is also our guest tonight. would you want to begin with the u.s. economy shocking the experts in shrinking for the first time since the recession. fox news iran house correspondent has our report. >> less than two weeks that the president said his second inaugural address that an economic recovery had begun to let the congress -- commerce departments and not so fast. slow growth slashed economic growth from three pa 1% to-1 to the persons in the fourth. they downplayed the report and give republicans part of the blame. >> consumer spending has been rising. >> comments about using the threat of across-the-board spending cuts not as a sequestered for leveraged for fiscal asperity. some members constituents are fighting. >> and put the damage on the economy as a -- you know, to achieve some political roles here in washington seems like a bad idea. >> accusing republicans of pushing spending cuts for their own sake. some minority leader mitch mcconnell denied that. >> this is a conversation about growth and opportunity.
at the pentagon. i'm not opposed to that. you need a sensible defense program reflecting what the needs are today in to protect the country and defend our bogses around the world. liz: senator, how much of the problem is the fact that washington, d.c. seems to be living in bubble city? you know, the real estate's going strong, lobbyists, consul at that particular times in the -- consultants in the city going great. that impact decisions in washington, d.c.? go ahead. >> oh, i think so. i think you're in a bubble up here, but, also, remember, members of congress and members of the senate, if they are doing the job, they are going home to the districts, their states, talking to people, listening to people. i think district by district or state by state, people get that this debt and this deficit is going to consume us. part of the problem though, again, an i go back to the president. he has the biggest megaphone in the town and country. he has to be responsible and step up and speak up and lead. now, based on his inaugural address, maybe he's not going to do that, but that really worried me about t
: what's the problem taking out the ridiculous spending? >> exactly. gerri: a pentagon official cede said if sequester goes through, hundreds of thousands of civilian employees furloughed. what do you think? >> that's probably true. you know, and it's unfortunate, and i've been saying this for months that the sequester is not a good way to cut spending, but i hate to say it, could be the only way to get cuts in spending. we have to do this. look, you know it, we can't borrow 40 cents for every dollar spent, not a trillion dollars a year, it's unfortunate, people lose jobs. i live in northern virginia, people on the street i live will be affected by this, but you know what? business had to cut people; right? i mean, businesses got trimmed. they got efficient, and, actually, businesses, as you know, you just covered the story, united states is the place to live best in. why can't government be efficient like private industry does? gerri: we can dream, steve. by the way, you are one of my favorite guests of all time. i have to say that. thanks for bringing your smart comments. >> have a grea
test $100 in the near term. the pentagon job number tomorrow. liz: you touched on something we have heard on the nightly news for the past 20 years and that is tension in the middle east but john cortines and charlie, israel starts fighting back against syria on certain levels. we have a problem, do we not? does it affect equities? >> go ahead. >> i don't think the market is heating trading fear in the middle east. i don't think that fact is in but the market is trading decent numbers out of the u.s. and looking at a decent job number, personal income number was a great number today and the housing number. liz: click on cortines. >> it is not affected in yet but we will have a problem when it pops off. [talking over each other] liz: we double the losses in 3.5 minutes. the dow is down 30 to points. and won't get too hyper about that because we're looking at the aggregate. what a month for stocks, best january since 1997. the s&p 500 rising more than 5%. if you are in this market should you take some money off of the table? if you're not in the market what should you do? joining us n
100 million each. i think $103 million each. the pentagon is expected to buy 2440 of them. you say they will continue to buy them even with the cuts? >> they will continue to buy them. that is the current plan. the real risk to programs like f-35 is sequestration. if sequestration goes into effect on march 1st, every program project activity within the department has to be cut by the same percentage. they have to be cut by 9%. so the joint strike fighter budget for the current fiscal year will be cut by 9%. they're currently planning to buy 29 of those jets this year. that will have to come back. they will only afford 26, maybe even fewer. david: fort worth, texas where a lot of these planes are made. they have already taken steps, the town of fort worth, to try to diversify. to try to bring in other companies by giving them tax breaks, et cetera. what about a company like lockheed though? which is, while boeing has 50% of its contracts defense contracts, lockheed has almost all of them defense contracts. they have got to take a hit from this? >> oh, they absolutely will. but the b
spending across the board. look at the pentagon. i'm not opposed to that. you need a sensible defense program reflecting what the needs are today in to protect the country and defend our bogses around the world. liz: senator, how much of the problem is the fact that washington, d.c. seems to be living in bubble city? you know the real estate's going strong, lobbyists, consul at that particular times in the -- consultants in the city going great. that impact decisions in washington, d.c.? go ahead. >> oh, i think so. i think you're in a bubble up here, but also remember, members of congress and members of the senate, if they are doing the job they are going home to the districts, their states, talking to people listening to people. i think district by district or state by state, people get that this debt and this deficit is going to consume us. part of the problem though again, an i go back to the president. he has the biggest megaphone in the town and country. he has to be responsible and step up and spea
to take somewhat of a haircut, if you will, on spending because of our economic situation. the pentagon can take some more cuts. i will not give you what that number may be. if they budgeted around 450 billion annually, which is a fairly significant cut from where we were at last year, we could certainly take care of our national defense. i will add, one thing that many people believe that after afghanistan and iraq is completed that we will go back to a peace dividend. we will live in a world of persistent conflict for the rest of our lives. lori: we are watching turkey and egypt and israel and syria. it is alarming. general, thank you for your input. >> thank you very much. melissa: boeing and its customers are facing a hefty price tag. japanese carrier, which has large airliners in its fleet than any other airliner out there, is reporting more than $1500 in lost revenue. investigators are still trying to figure out what caused one battery to catch fire earlier this month. the carrier says it remains unclear when the dreamliner will resume commercial flights. lori: check out shares of
after mid march. ashley: adam shapiro, appreciate it. tracy: all right, proximity to the pentagon and other federal agencies have led to a booming tech industry around the nation's capital. washington d.c. has more high-tech job openings and silicon valley. according to dice.com, living defense cuts out of the sequestration threatened to delay of -- derail the job growth. scott mollen, chairman and ceo of dice holdings, thanks for being here. you did this survey about tech dollars, what did you find? >> the interesting thing was nationwide they have gone up about 5% and after two or three years, paltry gains, 1% less than 1%. we are seeing here is this tight labor market we're seeing across this country is finally forcing employers to recognize that in an adjusted salaries. tracy: tech dollars going accompanies like northrop grumman, raytheoand, they employ tech people. >> they have large tech division doors part of the large defense contract for defense projects they have going on. it has been a boon over the last ten years. tracy: we're talking $600 billion, by 2023. everyone ge
on his plate. let's bring in jeremiah o'keefe, a former pentagon and cia strategist. tell us why you think he is a good pick. >> i think that chuck hagel is the man for the job at this point in time from a strategic perspective. there is a big battle going on within the republican party. i reside in the latter camp. i believe after the war in iraq, the war in iran, we need to be taking perhaps more of an adventure approach. i was in iraq as a white house advisor in 2005. i work closely behind the scenes with the white house and the secretary of defense. i sympathize with the sucker punch that we got on 9/11 and what we should be doing moving forward. that included iraq. at this point in time, i am all for the realist posture that chuck hagel is proposing to if we want to hit some high points right now, i think he is wrong on calling israel to move back to the 1967 borders. israel needs to finish their barrier while. dennis: you point out that israel used to be only 9 miles wide. let me just ask you more pointedly, israel, some say, is our only real ally in the middle east. they do no
Search Results 0 to 28 of about 29 (some duplicates have been removed)

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